PAYA · Paya Holdings Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2022 | FY 2021 |
|---|---|---|
| Revenue | $282.74M | $206.05M |
| Cost of Revenue | - | - |
| Gross Profit | $143.99M | $103.93M |
| R&D | - | - |
| SG&A | $87.03M | $63.03M |
| Total Operating Expenses | - | - |
| D&A | $31.76M | $24.56M |
| Operating Income | $25.21M | $16.33M |
| Interest Expense | $14.31M | $17.64M |
| Income Tax | $5.34M | $433.0K |
| Net Income | $8.26M | ($524.0K) |
| EPS - Basic | $0.07 | ($0.01) |
| EPS - Diluted | ($0.01) | ($0.01) |
Balance Sheet
| Line item | FY 2022 | FY 2021 |
|---|---|---|
| Cash & Equivalents | $168.83M | $25.96M |
| Accounts Receivable | - | - |
| Inventory | - | - |
| Accounts Payable | $5.46M | $3.13M |
| Current Assets | $380.27M | $273.57M |
| Total Assets | $744.26M | $651.05M |
| Current Liabilities | $222.95M | $131.66M |
| Long-term Debt | $240.13M | $241.87M |
| Total Liabilities | $487.37M | $409.12M |
| Stockholders' Equity | $256.89M | $136.09M |
| Retained Earnings | ($5.93M) | ($14.19M) |
Cash Flow
| Line item | FY 2022 | FY 2021 |
|---|---|---|
| Operating Cash Flow | $45.50M | $21.36M |
| Investing Cash Flow | ($19.29M) | ($33.15M) |
| Financing Cash Flow | $10.06M | $3.77M |
| CapEx | $6.97M | $6.60M |
| Free Cash Flow | $38.53M | $14.76M |
Ratios
| Metric | FY 2022 | FY 2021 |
|---|---|---|
| Profitability | ||
| Gross margin | 50.9% | 50.4% |
| Operating margin | 8.9% | 7.9% |
| EBITDA margin | 20.1% | 19.8% |
| Net margin | 2.9% | -0.3% |
| Free cash flow margin | 13.6% | 7.2% |
| FCF / Net income | 4.66 | -28.16 |
| R&D / Revenue | - | - |
| SG&A / Revenue | 30.8% | 30.6% |
| Effective tax rate | 39.2% | - |
| Return on assets | 1.1% | -0.1% |
| Return on equity | 3.2% | -0.4% |
| Return on invested capital | 3.1% | 3.4% |
| Liquidity | ||
| Current ratio | 1.71 | 2.08 |
| Quick ratio | 1.71 | 2.08 |
| Cash ratio | 0.76 | 0.20 |
| Leverage | ||
| Debt / Equity | 0.93 | 1.78 |
| Debt / Assets | 0.32 | 0.37 |
| Debt / EBITDA | 4.22 | 5.91 |
| Interest coverage | 1.8x | 0.9x |
| Equity multiplier | 2.90 | 4.78 |
| Liabilities / Assets | 0.65 | 0.63 |
| Efficiency | ||
| Asset turnover | 0.38 | 0.32 |
| Inventory turnover | - | - |
| Days sales outstanding | - | - |
| Days inventory outstanding | - | - |
| Days payable outstanding | - | - |
| Cash conversion cycle | - | - |
| Valuation | ||
| P / E | - | - |
| P / B | - | - |
| P / S | - | - |
| EV / EBITDA | - | - |
| Growth | ||
| Revenue growth (YoY) | 37.2% | - |
| Revenue CAGR (3y) | - | - |
| Revenue CAGR (5y) | - | - |
| Gross profit growth (YoY) | 38.5% | - |
| Operating income growth (YoY) | 54.3% | - |
| Net income growth (YoY) | - | - |
| EPS growth (YoY) | 0.0% | - |
| EPS CAGR (3y) | - | - |
| EPS CAGR (5y) | - | - |
| FCF growth (YoY) | 161.1% | - |
| FCF CAGR (5y) | - | - |
| Book value growth (YoY) | 88.8% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$249.36M totalIntegrated Solutions Segment$155.20M · 62.2%
Payment Services Segment$94.15M · 37.8%
Product / service
$488.61M totalTransaction Based Revenue$477.27M · 97.7%
Service Based Revenue$11.03M · 2.3%
Equipment Revenue$310.0K · 0.1%
Stability scores
Altman Z′
FY 2022 · bankruptcy risk
0.85
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2022 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- -No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing Paya Holdings Inc. against the 5 most active filers in the same SIC group.